Finance Executive Fixed Asset

3 days ago

Chennai, Tamil Nadu, India SAI Hr Consultants Full time US$ 90,000 - US$ 1,20,000 per year

We are Hiring for Finance Executive with Experience in Fixed Assets Accounting and Broader Book Closure Support (Approx. 30% and growing): for our Reputed MAnufacturing MNC Industry in Oragadam Chennai.

Key Responsibilities

Initial Focus Fixed Asset (FA) Accounting (Approx. 70% initially):

Upon joining, the candidate will primarily focus on strengthening fixed asset accounting processes to ensure completeness, accuracy, and control as the business scales.

Responsibilities include:

  • Recording asset acquisitions and disposals in the accounting system.
  • Maintaining and reconciling the fixed asset sub-ledger to the general ledger.
  • Tracking project costs for capitalization and monitoring construction-in-progress (CIP).
  • Calculating and posting monthly depreciation entries.
  • Coordinating periodic physical verification and asset tagging exercises.
  • Supporting audit with fixed asset schedules and documentation.
  • Developing and refining fixed asset policies and internal controls.
  • Working closely with operations, tooling, and procurement teams to ensure accurate classification and valuation.
  • Supporting ERP implementation or enhancement efforts related to fixed assets.

Evolving Responsibilities Broader Book Closure Support (Approx. 30% and growing):

As the ERP migration stabilizes, the role is expected to broaden to support end-to-end month-end close activities, including:

  • Preparing and posting journal entries, accruals, and adjustments.
  • Reconciling key general ledger accounts, including cash, prepaid expenses, and intercompany balances.
  • Ensuring completeness and accuracy of related party and intercompany transactions.
  • Assisting with the preparation of financial statements and management reporting packages.
  • Supporting audits through timely submission of reconciliations and audit schedules.

Qualifications

  • MBA in Finance with 45 years of experience or CA (Inter) with 2–3 years of relevant experience.
  • Minimum 2 years of hands-on experience in fixed asset accounting, preferably in a manufacturing or capital-intensive environment.
  • Solid knowledge of GAAP and fixed asset accounting standards.
  • Experience working with ERP systems (e.g., SAP, Oracle) and strong Excel skills.
  • Detail-oriented, with strong analytical thinking and problem-solving abilities.
  • Comfortable in dynamic, fast-paced, or high-growth environments.
  • Strong communication and cross-functional collaboration skills.
  • Familiarity with manufacturing operations is a plus.

Interested candidates can call me at

Thanks and Regards

L Sainath Jayaram

SAI HR CONSULTANTS

DIRECTOR TALENT ACQUISITION

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